Please i need help with the following questions. 3, 6, 9, 10, 12, 13, 14, 15, 16, 17, 19, 32, 33, 35, 37, 38. I really need right answers to this numbers to at lease get a C in my final grade.

1. Sullivan Enterprises had a sales margin of 5%, sales of $4,000,000, and invested capital of $5,000,000. The company's ROI was: A. 4.00 %. B. 6.25%. C. 16.00% . D. 25.00% . E. None of the other answers are correct. 2. Vision, Inc. reported a return on investment of 12%, a capital turnover of 5, and income of $180,000. On the basis of this information, the company's invested capital was: A. $300,000. B. $900,000. C. $1,500,000 . D. $7,500,000 . E. None of the other answers are correct. 3. The Little Rock Division of Classics Companies currently reports a profit of $3.6 million. Divisional invested capital totals $9.5 million; the imputed interest rate is 12%. On the basis of this information, Little Rock's residual income is: A. $432,000. B. $708,000. C. $1,140,000. D. $2,460,000 . E. None of the other answers are correct. 4. The following information pertains to Bishop Concrete: The company's imputed interest rate is 8%. The capital turnover is: A. 3.33. B. 5.00. C. 16.67. D. 20.00. E. 30.00. 5. Carolina Corporation has an after-tax operating income of $3,200,000 and a 9% weighted-average cost of capital. Assets total $7,000,000 and current liabilities total $1,800,000. On the basis of this information, Carolina's economic value added is: A. $2,408,000. B. $2,732,000. C. $3,668,000. D. $3,992,000. E. None of the other answers are correct. 6. McKenna's Florida Division is currently purchasing a part from an outside supplier. The company's Alabama Division, which has excess capacity, makes and sells this part for external customers at a variable cost of $22 and a selling price of $34. If Alabama begins sales to Florida, it (1) will use the general transfer-pricing rule and (2) will be able to reduce variable cost on internal transfers by $4. If sales to outsiders will not be affected, Alabama would establish a transfer price of: A. $18. B. $22. C. $30. D. $34. E. None of the other answers are correct. 7. Which of the following best defines the concept of a relevant cost? A. A past cost that is the same among alternatives. B. A past cost that differs among alternatives. C. A future cost that is the same among alternatives. D. A future cost that differs among alternatives. E. A cost that is based on past experience 8. Which of the following costs can be ignored when making a decision? A. Opportunity costs. B. Differential costs. C. Sunk costs. D. Relevant costs. E. All future costs. 9. Allegiance, Inc. has $125,000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell the goods "as is" for $45,000; alternatively, the goods can be cleaned and shipped to the firm's outlet center at a cost of $23,000. There the goods could be sold for $80,000. What alternative is more desirable and what is the relevant cost for that alternative? A. Sell "as is," $125,000. B. Clean and ship to outlet center, $23,000. C. Clean and ship to outlet center, $103,000. D. Clean and ship to outlet center, $148,000. E. Neither alternative is desirable, as both produce a loss for the firm. 10. Susan is contemplating a job offer with an advertising agency where she will make $54,000 in her first year of employment. Alternatively, Susan can begin to work in her father's business where she will earn an annual salary of $38,000. If Susan decides to work with her father, the opportunity cost would be: A. $0. B. $38,000. C. $54,000 . D. $92,000. E. irrelevant in deciding which job offer to accept. 11. A special order generally should be accepted if: A. its revenue exceeds allocated fixed costs, regardless of the variable costs associated with the order. B. excess capacity exists and the revenue exceeds all variable costs associated with the order. C. excess capacity exists and the revenue exceeds allocated fixed costs. D. the revenue exceeds total costs, regardless of available capacity. E. the revenue exceeds variable costs, regardless of available capacity. 12. Two months ago, Victory Corporation purchased 4,500 pounds of Hydrol, paying $15,300. The demand for this product has been very strong since the acquisition, with the market price jumping to $4.05 per pound. (Victory can buy or sell Hydrol at this price.) The company recently received a specialorder inquiry, one that would require the use of 4,200 pounds of Hydrol. Which of the following is (are) relevant in deciding whether to accept the special order? A. The 300-pound remaining inventory of Hydrol. B. The $4.05 market price. C. The $3.40 purchase price. D. 4,500 pounds of Hydrol. E. Two or more of the other factors are relevant. 13. Snyder, Inc., which has excess capacity, received a special order for 4,000 units at a price of $15 per unit. Currently, production and sales are anticipated to be 10,000 units without considering the special order. Budget information for the current year follows. Cost of goods sold includes $30,000 of fixed manufacturing cost. If the special order is accepted, the company's income will: A. increase by $2,000. B. decrease by $2,000. C. increase by $14,000. D. decrease by $14,000. E. None of the other answers are correct. 14. Torrey Pines is studying whether to outsource its Human Resources (H/R) activities. Salaried professionals who earn $390,000 would be terminated; in contrast, administrative assistants who earn $120,000 would be transferred elsewhere in the organization. Miscellaneous departmental overhead (e.g., supplies, copy charges, overnight delivery) is expected to decrease by $30,000, and $25,000 of corporate overhead, previously allocated to Human Resources, would be picked up by other departments. If Torrey Pines can secure needed H/R services locally for $410,000, how much would the company benefit by outsourcing? A. $10,000. B. $35,000. C. $130,000 . D. $155,000 . E. Nothing, as it would be cheaper to keep the department open. 15. The Shoe Department at the El Paso Department Store is being considered for closure. The following information relates to shoe activity: If 70% of the fixed operating costs are avoidable, should the Shoe Department be closed? A. Yes, El Paso would be better off by $23,000. B. Yes, El Paso would be better off by $50,000. C. No, El Paso would be worse off by $13,000. D. No, El Paso would be worse off by $40,000. E. None of the answers are correct. 16. Klein Enterprises, which has three departments, recently reported the following results: The company incurred variable operating costs as well as $25,000 of fixed operating costs. The $25,000 amount was allocated to A, B, and C on the basis of sales revenue and is included in the cost figures noted above. Which department(s), if any, should be closed if none of the fixed operating costs can be avoided? A. Department A. B. Department B. C. Department C. D. Departments B and C. E. None of the departments should be closed. 17. Lido manufactures A and B from a joint process (cost = $80,000). Five thousand pounds of A can be sold at split-off for $20 per pound or processed further at an additional cost of $20,000 and then sold for $25 per pound. If Lido decides to process A beyond the split-off point, operating income will: A. increase by $10,000. B. increase by $20,000. C. decrease by $10,000. D. decrease by $20,000. E. increase by $5,000. 18. Indiana Corporation has $200,000 of joint processing costs and is studying whether to process J and K beyond the split-off point. Information about J and K follows. If Indiana desires to maximize total company income, what should the firm do with regard to Products J and K? A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E 19. The internal rate of return: A. ignores the time value of money. B. equates a project's cash inflows with its cash outflows. C. equates a project's cash outflows with its expenses. D. equates the present value of a project's cash inflows with the present value of the cash outflows. E. equates the present value of a project's cash flows with the future value of the project's cash flows. 20. Paige Company is contemplating the acquisition of a machine that costs $50,000 and promises to reduce annual cash operating costs by $11,000 over each of the next six years. Which of the following is a proper way to evaluate this investment if the company desires a 12% return on all investments? A. $50,000 versus -$11,000 6. B. $50,000 versus -$66,000 0.507. C. $50,000 versus -$66,000 4.111. D. $50,000 versus -$11,000 4.111. E. $50,000 0.893 versus -$11,000 4.111. 21. The mayor of Statesville is considering the purchase of a new computer system for the city's tax department. The system costs $75,000 and has an expected life of five years. The mayor estimates the following savings will result if the system is purchased: If Statesville uses a 10% discount rate for capital-budgeting decisions, the net present value of the computer system would be: A. $489. B. $4,057. C. $11,658 . D. $63,34 2. E. $79,05 7. 22. Which of the following choices correctly states the rules for project acceptance under the net-presentvalue method and the internal-rate-of-return method? A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E 23. When a company is analyzing a capital project by a discounted-cash-flow approach and income taxes are being considered, depreciation: A. should be ignored. B. should be considered because it results in a tax savings. C. should be considered because it is a fixed cost. D. should be considered because it is a cash inflow. E. should be considered because, like other expenses, it is a cash outlay related to operations. 24. Hazeldine Company plans to incur $230,000 of additional cash operating expenses and produce $410,000 of additional sales revenue if a capital project is implemented. Assuming a 30% tax rate, these two items collectively should appear in a capital budgeting analysis as: A. a $57,000 inflow. B. a $57,000 outflow. C. a $126,000 outflow. D. a $126,000 inflow. E. a $161,000 outflow. 25. Crossword Company is studying a capital project that will produce $600,000 of added sales revenue, $400,000 of additional cash operating expenses, and $50,000 of depreciation. Assuming a 30% income tax rate, the company's after-tax cash inflow (outflow) is: A. $105,000. B. $125,000. C. $155,000 . D. $175,000 . E. None of the other answers are correct. 26. St. Andrews School ranks investments by using the profitability index (PI). The following data relate to Project X and Project Y: Which project would be more attractive as judged by its ranking? A. Project X because the PI is 1.50. B. Project Y because the PI is 1.38. C. Project X because the PI is 0.67. D. Project Y because the PI is 0.72. E. Both projects would be equally attractive in terms of ranking, as indicated by a positive PI. 27. Green Way Packaging is considering a $600,000 investment in new equipment that is anticipated to produce the following data over a five-year life: Ignoring income taxes and assuming that cash flows occur evenly throughout a year, the equipment's approximate payback period is: A. 1 year, 7 months. B. 2 years, 1 month. C. 2 years, 5 months. D. over 5 years. E. some other period of time not noted in the options. 28. Carolina Plating Company reported a cost of goods manufactured of $520,000, with the firm's yearend balance sheet revealing work in process and finished goods of $70,000 and $134,000, respectively. If supplemental information disclosed raw materials used in production of $80,000, direct labor of $140,000, and manufacturing overhead of $240,000, the company's beginning work in process must have been: A. $130,000. B. $10,000. C. $66,000 . D. $390,000 . E. None of the other answers are correct. 29. For the year just ended, Cole Corporation's manufacturing costs (raw materials used, direct labor, and manufacturing overhead) totaled $1,500,000. Beginning and ending work-in-process inventories were $60,000 and $90,000, respectively. Cole's balance sheet also revealed respective beginning and ending finished-goods inventories of $250,000 and $180,000. On the basis of this information, how much would the company report as cost of goods manufactured (CGM) and cost of goods sold (CGS)? A. CGM, $1,430,000; CGS, $1,460,000. B. CGM, $1,470,000; CGS, $1,540,000. C. CGM, $1,530,000; CGS, $1,460,000. D. CGM, $1,570,000; CGS, $1,540,000. E. Some other amounts. 30. Glass Industries reported the following data for the year just ended: sales revenue, $1,750,000; cost of goods sold, $980,000; cost of goods manufactured, $560,000; and selling and administrative expenses, $170,000. Glass' gross margin would be: A. $940,000. B. $1,190,000. C. $1,020,000. D. $380,000 . E. $770,000. 31. The true statement about cost behavior is that: A. variable costs change on a per-unit basis and change in total as activity changes. B. fixed costs are constant on a per-unit basis and change in total as activity changes. C. fixed costs are constant on a per-unit basis and are constant in total as activity changes. D. fixed costs change on a per-unit basis and are constant in total as activity changes. E. variable costs are constant on a per-unit basis and are constant in total as activity changes. 32. Tiffany charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of labor hours. The following data pertain to the current year: Which of the following choices is the correct status of manufacturing overhead at year-end? A. Overapplied by $10,000. B. Underapplied by $10,000. C. Overapplied by $35,000. D. Underapplied by $35,000. E. Overapplied by $45,000. 33. Fletcher, Inc. disposes of under- or overapplied overhead at year-end as an adjustment to cost of goods sold. Prior to disposal, the firm reported cost of goods sold of $590,000 in a year when manufacturing overhead was underapplied by $15,000. If sales revenue totaled $1,400,000, determine (1) Fletcher's adjusted cost of goods sold and (2) gross margin. A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E 34. Tesla Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Consider the data that follow. The company's cost per equivalent unit for materials is: A. $1.24. B. $1.66. C. $1.67. D. $2.05. E. None of the answers is correct. 35. Swanson and Associates presently leases a copy machine under an agreement that calls for a fixed fee each month and a charge for each copy made. Swanson made 7,000 copies and paid a total of $360 in March; in May, the firm paid $280 for 5,000 copies. The company uses the high-low method to analyze costs. How much would Swanson's pay if it made 5,500 copies? A. $382.50 B. $322 C. $30 0 D. $292.5 0 E. None of the other answers is correct. 36. Wellcom Corporation has the following sales mix for its three products: A, 20%; B, 35%; and C, 45%. Fixed costs total $400,000 and the weighted-average contribution margin is $100. How many units of product A must be sold to break-even? A. 800. B. 4,000. C. 20,000. D. None of the other answers is correct. E. Cannot be determined based on the information presented. 37. Jamal & Co. makes and sells two types of shoes, Plain and Fancy. Data concerning these products are as follows: Sixty percent of the unit sales are Plain, and annual fixed expenses are $45,000. Assuming that the sales mix remains constant, the number of units of Plain that Jamal must sell to break even is: A. 2,000. B. 3,000. C. 3,375. D. 5,000. E. 5,625. 38.Franz began business at the start of this year and had the following costs: variable manufacturing cost per unit, $9; fixed manufacturing costs, $60,000; variable selling and administrative costs per unit, $2; and fixed selling and administrative costs, $220,000. The company sells its units for $45 each. Additional data follow. There were no variances. The income (loss) under absorption costing is: A. $(7,500). B. $9,000. C. $15,000. D. $18,000. E. None of the other answers are correct. 39. Garcia's inventory increased during the year. On the basis of this information, income reported under absorption costing: A. will be the same as that reported under variable costing. B. will be higher than that reported under variable costing. C. will be lower than that reported under variable costing. D. will differ from that reported under variable costing, the direction of which cannot be determined from the information given. E. will be less than that reported in the previous period. 40. Northwest manufactures a product requiring 0.5 ounces of platinum per unit. The cost of platinum is approximately $360 per ounce; the company maintains an ending platinum inventory equal to 10% of the following month's production usage. The following data were taken from the most recent quarterly production budget: The cost of platinum to be purchased to support August production is: A. $195,840. B. $198,000. C. $200,160 . D. $391,680. E. None of the other answers are correct. 41. An examination of Shorter Corporation's inventory accounts revealed the following information: Raw materials, June 1: 46,000 units Raw materials, June 30: 51,000 units Purchases of raw materials during June: 185,000 units Shorter's finished product requires four units of raw materials. On the basis of this information, how many finished products were manufactured during June? A. 45,000. B. 47,500. C. 57,750. D. 70,500. E. None of the other answers are correct. 42. Consider the following information: The direct-labor rate variance is: A. $17,250U. B. $20,700U. C. $20,700F. D. $21,000F. E. none of the other answers are correct. 43. Alexis Company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000. According to manufacturing specifications, each unit should have required 3 hours of labor time at $15.40 per hour. On the basis of this information, determine Alexis's labor rate variance and labor efficiency variance. A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E 44. Darling Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 12,000 Actual fixed overhead incurred: $730,000 Actual machine hours worked: 60,000 Budgeted fixed overhead: $720,000 Planned level of machine-hour activity: 50,000 If Darling estimates four hours to manufacture a completed unit, the company's standard fixed overhead rate per machine hour would be: A. $12.00. B. $14.40. C. $14.60. D. $15.00. E. None of the other answers are correct. 45. Draco, Inc. has the following overhead standards: Variable overhead: 4 hours at $8 per hour Fixed overhead: 4 hours at $10 per hour The standards were based on a planned activity of 20,000 machine hours when 5,000 units were scheduled for production. Actual data follow. Variable overhead incurred: $167,750 Fixed overhead incurred: $210,000 Machine hours worked: 19,800 Actual units produced: 5,100 Draco's fixed-overhead budget variance is: A. $6,000 unfavorable. B. $7,000 unfavorable. C. $10,000 unfavorable. D. $12,000 unfavorable. E. None of the other answers are correct